ABC News in Australia reports:
An Australian company that runs a strategically crucial heavy rare earth project has been revealed to have been targeted in a suspected cyber attack as Treasurer Jim Chalmers orders Chinese investors to be removed.
On Monday Mr Chalmers instructed Yuxio Fund and four other international companies linked to China to divest their shares in Northern Minerals which operates the Browns Range mine in Western Australia’s Kimberley region.
The cyberattack was claimed by the threat group known as BianLian, and Northern Minerals confirmed it knew of the hack in late March of this year.
“The exfiltrated data included corporate, operational and financial information and some details relating to current and former personnel and some shareholder information. The process of notifying relevant impacted individuals is underway and ongoing,” a statement from the company said.
ABC News has additional details.
